TRADE X Expands its Presence in Africa with the Opening of a Trade Route in Ghana

This is the third TRADE X facility in Africa, following the opening of an import facility in Lagos, Nigeria and Nairobi, Kenya earlier this year

TORONTO, Nov. 21, 2022 /PRNewswire/ — TRADE X, a B2B cross-border automotive trading platform with its headquarters in Ontario, Canada, today announced that it has opened a new trade route in Ghana, strengthening the company’s presence in Africa after having recently opened new import facilities in Lagos, Nigeria and Nairobi, Kenya.

With the opening of new trading routes and now expanding into Ghana, TRADE X is aiming to connect automotive dealers in various regions of Africa, which boast a rising middle-class population, to pre-owned inventory in North America, Europe and other strategic export locations. Earlier this month, TRADE X signed a partnership agreement with the Vehicle and Asset Dealers Union of Ghana (VADUG) to increase visibility and encourage more dealers to take advantage of the company’s easy-to-use platform.

“People in Ghana hold onto cars for a long time,” said Oaniyan Jeremiah Williams, Head of Business Development for TRADE X in Ghana. “There is both a huge market here and a need for a platform like TRADE X that connects buyers and sellers safely and compliantly. Recently, a dealer shared with me that he sent money to a seller in Europe for a vehicle but has not yet received the inventory he paid for. This unfortunately common occurrence is not possible through the TRADE X platform, as each user is screened, and all transactions are routed through a secure portal at the time of the transaction. So, we are providing an obvious need to dealers in this region.”

The TRADE X platform connects automotive dealers, fleet owners, rental companies and mobility solution providers with trading partners around the world. When users log onto the TRADE X platform on their desktop or via the TRADE X global app, they can ensure they not only have access to admissible inventory and the best possible deals—but that they are transacting in a secure and streamlined way that removes the complexities of logistics, homologation, compliance and customs. Dealers can use the marketplace to request specific makes or models using the platform’s “Instant Request” feature, review specific search results to assess real-time pricing, and make vehicle purchases safely, transparently and compliantly.

Buyers in Ghana, who import a significant number of cars from Germany, favour smaller engine brands such as Mitsubishi, Suzuki and Peugeot.

TRADE X has opened a small office in Accra and further plans to open a warehouse facility in the city.

“We are excited to bring TRADE X to Ghana and to expand our footprint in Africa,” said TRADE X Senior Vice President of Global Business Development Eric Gosselin. “As the automotive industry responds to major shifts around environmental standards, dealers in the U.S. and Europe will need a market for their older vehicles, and we believe that Ghana, Nigeria, and Kenya represent prime markets. We look forward to working with Ghanaian dealers to communicate the benefits of using the TRADE X platform to source and purchase their pre-owned automotive inventory.”

Automotive dealers, fleet companies, and mobility providers in Ghana who are interested in trading via the TRADE X platform can sign up at tradexport.com to begin the process of buying and selling vehicles.

About TRADE X

With headquarters in Ontario, Canada, TRADE X is the first global vehicle marketplace to aggregate cross-border supply and demand for car dealers, fleet owners, rental companies, mobility solution providers, importers, and exporters, opening new trading corridors to buy and sell vehicles. The TRADE X ‘Brain’ platform is a machine-learning, AI-driven technology that connects buyers and sellers through a transparent marketplace that aids sellers in finding the world’s highest paying markets and gives buyers access to the best vehicle source markets and price arbitrage opportunities. Users can quickly and seamlessly transact online in a secure environment with all the complexities of international trade – compliance, anti-money laundering regulations, vehicle inspection, currency exchange, digital trade documentation, payments, and financing – all managed by TRADE X. The company serves authorized buyers and sellers everywhere with a user-friendly app available 24/7 via mobile, tablet, or desktop. TRADE X’s largest investors include Aimia Inc., a publicly traded holding company listed on the Toronto Stock Exchange (TSX: AIM). To learn more, please visit www.tradexport.com.

Media Contact:                    TRADE X Contact:
Siobhan Nolan                      Shelley Keller
JConnelly                                Director, Corporate Communications + Brand
(862) 217 9585 [email protected]
[email protected] 

Logo – https://mma.prnewswire.com/media/1443435/TX__Logo.jpg

Jewellery store robbed, two suspects apprehended

KIMBERLEY – Two suspects aged 24 and 35 who were reported to have robbed a jewellery store in Kimberley on Sunday, 20 November 2022 and fled the scene, are behind bars.
A collaborated multi-disciplinary law enforcement team which included, Kimberley Flying Squad, Free State Flying Squad and Northern Cape Provincial Organised Crime Detectives, resulted in the arrest of the suspects.
Jewellery looted from a jewellery store in Kimberley, worth more than R400 000-00 was found in their possession.
The vehicle which the suspects used in the commission of the crime including a firearm were confiscated.
The suspects are linked to spate of business and armed robberies in the Northern Cape and Free State.
They are expected to appear in the Bloemfontein Magistrate’s Court on Tuesday, 22 November and later they will be transferred to appear in the Kimberley Magistrate’s Court on a charge of business robbery.

Source: South African Police Service

Police arrest seven men for unlawful possession of firearms

DURBAN – On 17 November 2022, police officers from the EThekwini District Task Team together with private security companies received information about a vehicle that was used in the planning to commit a robbery in Cato Manor.
The vehicle was spotted traveling along Vusi Mzimela and Jan Smuts Highway and it was intercepted at the intersection of Sparks and Brickfield Road. Seven men aged between 21 and 32 were placed under arrest after they were found in possession of a revolver and pistol with 13 rounds of ammunition as well as an okapi knife. Police also seized eight cellphones from the suspects.
The suspects were charged for being in unlawful possession of firearms and ammunition as well as possession of a dangerous weapon. The vehicle was impounded for further investigation. The men will also be profiled to check if they are involved in robberies committed in Cato Manor and surrounding areas. The suspects are appearing before the Durban Magistrates Court today.

Source: South African Police Service

Accident claims life of Presidential Protection Unit policeman

The management of the South African Police Service (SAPS) has expressed sadness at the death of one of its members who was killed in a motor vehicle accident in Middleburg, Mpumalanga, on Sunday.
The policeman, attached to the Presidential Protection Unit, was in a vehicle that was part of a motorcade ferrying Deputy President David Mabuza when the accident happened, said SAPS spokesperson, Colonel Athlenda Mathe.
She said: “The SAPS confirms that at about 10:30 on Sunday, 20 November 2022, the Deputy President’s motorcade was travelling between Mpumalanga and Gauteng when one of the back-up vehicles’ tyre burst, causing the vehicle to roll over.”
She said three members who were in the vehicle sustained serious injuries.
“One of these members was declared dead at the scene while the other two were transported to a nearby hospital for urgent medical attention.
“The SAPS Employee Health and Wellness (EHW) Unit has been dispatched to notify the families of the deceased member and the injured members,” said Mathe.
National Police Commissioner General Fannie Masemola, on behalf of the SAPS, sent his condolences to the family, friends and colleagues of the deceased member and also wished the injured members a speedy recovery.
“A case of culpable homicide has been registered at the Middleburg Police Station,” said Mathe.

Source: South African Government News Agency

President Ramaphosa embarks on UK Royal State Visit

President Cyril Ramaphosa will this week conduct a State Visit to the United Kingdom of Great Britain and Northern Ireland (UK) from 22 to 23 November 2022.
The President will honour the invitation of His Majesty King Charles III with the visit that commences on Tuesday and will end on Wednesday, 23 November.
The Presidency in a statement said Royal State Visits are in the furtherance of bilateral relations and as a symbol of respect and of the importance the UK ascribes to its relations with a particular country.
President Ramaphosa is the first Head of State to be hosted for a State Visit by His Majesty Charles III.
President Ramaphosa will convey to His Majesty King Charles III and the Queen Consort, First Lady Dr Tshepo Motsepe’s deep regret at not being able to participate in the State Visit.
Presidency spokesperson Vincent Magwenya said: “On the advice of her doctors, the First Lady could not travel on a long-haul flight due her recovery from recent surgery on her eyes.
“During the visit, President Ramaphosa will also hold official talks with Prime Minister Rishi Sunak to review a range of issues of a bilateral, continental and global nature.”
He said key sectors under consideration for mutual benefit and to support economic growth and development in South Africa include infrastructure development, mining, energy, manufacturing, agro-processing, business process outsourcing and tourism.
On Tuesday, 22 November, President Ramaphosa will be officially welcomed by His Majesty King Charles III at a ceremony at Buckingham Palace.
“Later in the day, the President will address a Joint Sitting of the Houses of Parliament, before being hosted to a State Banquet at Buckingham Palace,” Magwenya said.
On Wednesday, the President accompanied by the Earl of Wessex, will participate in a roundtable on climate change and biodiversity.
Thereafter, the President will visit the Francis Crick Institute, the largest biomedical research institute in Europe, where the President will be briefed on the partnership between South Africa and the United Kingdom in this area of science. Here the President will also interact with young South African scientists who are attached to the Crick Institute.
“This engagement will be followed by the President’s engagement with Prime Minister Sunak at 10 Downing Street.
“Following the Downing St visit, the President will participate in a bilateral business roundtable at Lancaster House where economic cooperation will be deliberated by South African and United Kingdom Ministers and Secretaries of State respectively, officials as well as business leaders,” said the Presidency.
The second day of the State Visit concludes with a banquet hosted by the Lord Mayor of London in honour of the President.
The President will be accompanied on the visit by Minister of International Relations, Dr Naledi Pandor; Minister of Higher Education, Science and Innovation, Dr Blade Nzimande; Minister of Trade, Industry and Competition Ebrahim Patel and Minister of Health, Dr Joe Phaahla.

Source: South African Government News Agency

Art and Friendship Displayed Online

International (Africa) Culture and Art Exchange Exhibition and Display Launched

DAR ES SALAAM, Tanzania, Nov. 21, 2022 /PRNewswire/ — On November 17, “Explore the Passion in the World” International (Africa) Culture and Art Exchange Exhibition and Display, which is jointly hosted by Zhejiang Provincial Department of Culture and Tourism and Jinhua Municipal People’s Government, and organized by Jinhua Bureau of Culture, Radio, Television and Tourism, was launched online in the websites of tourism authorities and mainstream media websites in Tanzania, Djibouti, Zimbabwe, Ethiopia and other African countries, websites of a few Chinese cultural centers in Africa, English websites of Zhejiang China, InZhejiang and other major media platforms for overseas communication.

The activity was the debut of Wu Opera, the Jinhua traditional culture, in Africa. In the online way, it reveals the heritage and contemporary art features of Wu Opera, with a view to enhancing cultural and tourism exchanges and cooperation between Zhejiang and Africa, and promoting mutual understanding and friendship between the two peoples.

Themed on “Explore the Passion in the World”, the activity means both Africa and China have a passion for art and beautiful life. The four parts, namely, “Percussion between Heaven and Earth”, “Sing for the World”, “Depict All Lives”, and “Dance for Life”, through live scenes, present the charm of traditional Wu Opera and African dances in all aspects.

Both Zhejiang Province and Africa have rich resources, diverse cultures, warm and inclusive people. Although the current epidemic has obstructed mutual exchanges, culture and art are the universal language in the world. Zhejiang Provincial Department of Culture and Tourism, Jinhua Municipal People’s Government, and Jinhua Bureau of Culture, Radio, Television and Tourism, by holding the online exhibition and display, share the beauty of Zhejiang’s cultural elements and artistic creations. It is hoped that after the epidemic is over, African people can come to Zhejiang Province to experience the wonderful culture, tourism and art.

Link of “Explore the Passion in the World” Exhibition and Display

http://www.ezhejiang.gov.cn/cultureandartexchange.html

Photo – https://mma.prnewswire.com/media/1951692/International_Africa_Culture_and_Art_Exchange_Exhibition.jpg